(David Shepardson – Reuters)
The U.S. Commerce Department is set to announce Tuesday it will open a new anti-dumping probe to determine whether fabricated structural steel from Canada, China and Mexico is being sold at below fair value, a person briefed on the matter said.
The investigation comes as some U.S. lawmakers, car companies and Canada and Mexico have strongly urged the Trump administration to drop U.S. national security tariffs on steel and aluminum imports in the wake of a deal announced last year to revise the North American Free Trade Agreement.
The fabricated structural steel under investigation is used major building projects, including commercial, office and residential buildings, arenas, convention centers, parking decks and ports. Click here to read more.